A patent bet is a common type of multiple bet that is made up of seven separate bets on three different options. Patent bet explained: it consists of three singles, three doubles, and one treble, so you’ll still get your money back even if only one pick wins. Because of this, the patent bet is a good choice for bettors who want a good mix of risk and potential profit.
Let’s say you want three football teams to win. Your patent bet will cover all the possible singles, doubles, and trebles. People who want to spread their risk and still have a good chance of winning with just one or two correct picks often choose this option.
Patent Meaning in Betting
The patent bet is a popular choice for bettors seeking a larger possibility of return while covering a variety of outcomes since it is less risky than other multiple bets that demand that every pick win. When answering the question “what is a patent bet,” it is important to highlight its flexibility and lower risk compared to other types of combination bets.
Example of Patent Bet
An example of a patent bet could include the following selections:
- Team A to win
- Team B to win
- Team C to win
Patent Bet Breakdown:
3 singles: One bet on each team (Team A, Team B, and Team C).
3 doubles:
- Team A & Team B to win
- Team A & Team C to win
- Team B & Team C to win
1 treble: Team A, Team B, and Team C all to win.
Total bets: 7 (3 singles, 3 doubles, 1 treble).
Example Outcome:
You would win the double bet on Team A & Team B as well as the two singles on Team A and Team B if Team A wins, Team B wins, and Team C loses. But the Team C single and the doubles involving Team C and the treble bet would lose.
The main benefit of a patent Bet is that you still get paid even if you only make two right choices. You would win all seven bets and receive a substantially bigger reward if all three teams win.
In summary, in response to the question “what is a patent bet?” it is evident that it provides a more secure means for gamblers to cover a range of outcomes, with the option to still earn a return even if just.
